Rep. Marjorie Taylor Greene bought up tech, apparel shares that surged after Trump’s tariffs pause
WASHINGTON â€?Rep. Marjorie Taylor Greene purchased shares in US companies that dipped following President Trump’s “Liberation Day” tariff announcement — then rallied when a 90-day pause on rates against most countries except China went into effect Wednesday.
Greene (R-Ga.), a close ally of the president in Congress, purchased thousands of dollars’ worth of Amazon, Apple, Dell Computer, Lululemon, Nike and Restoration Hardware shares two days after Trump’s 10% global tariffs were announced on April 2, according to filings with House clerk.
The Dow Jones Industrial Average, Nasdaq and S&P 500 all fell by more than five percentage points when Greene purchased the stocks April 4, with many of her chosen companies having even worse performances.
The filings show the lawmaker also hedged those purchases with holdings in the domestic energy, transportation, semiconductors, construction equipment and hardware sectors — including Caterpillar, FedEx, and Norfolk Southern, whose train derailed in East Palestine, Ohio, two years ago and spilled toxic chemicals.
In total, the Georgia Republican added between $19,019 and $285,000 to her portfolio on April 3 and 4, per the filings. Greene also bought at least $100,001 in US Treasury bonds the month before.
After Trump’s decision to pause all but 125% duties on Chinese goods, many of those stocks have rebounded, with Dell posting a 9% surge and Restoration Hardware up more than 10% since Greene’s filings.
The Georgia congresswoman’s trades were on Friday.
“After many successful years of running my own business, I ran for Congress to bring that mindset to Washington,�Greene said in a statement. “Now that I’m proudly serving the people of Northwest Georgia, I have signed a fiduciary agreement to allow my financial advisor to control my investments.
“All of my investments are reported with full transparency. I refuse to hide my stock trades in a blind trust like many others do.â€?/p>
Hours before announcing Wednesday’s pause, Trump had posted on Truth Social a little after 9:30 a.m. EST: “THIS IS A GREAT TIME TO BUY!!! DJT.â€?/p>
Some members of Congress have either pushed legislation to end stock trading by lawmakers or force them to set up assets in a blind trust to be managed by a financial specialist.
Other House and Senate members have been trading furiously during the first four months of 2025, per financial disclosures.
Rep. Ro Khanna (D-Calif.), whose district includes Silicon Valley, has filed dozens of pages’ worth of disclosures to the House clerk every month by hand.
On March 12, the same day that Trump slapped 25% tariffs on steel and aluminum imports, Khanna (D-Calif.) disclosed the sale of shares in Steel Dynamics, a US-based steel production company.
“Rep. Khanna and his wife do not trade any stocks. Rep. Khanna has been a leader in calling for a stock ban and is a co-sponsor of the bipartisan TRUST in Congress Act,” said Sara Drory, a spokeswoman for his office.
“His wife has money prior to marriage in a diversified trust that is independently managed and invests broadly like an index fund to eliminate any conflicts. The transaction you mention was done by an independent manager and is a very insignificant part of the diversified trust. Neither Rep. Khanna or his wife had any role in the transaction or knowledge of it.â€?/p>
House Speaker emerita Nancy Pelosi (D-Calif.) and her husband Paul made millions of dollars’ worth of trades in the lead-up to Trump’s inauguration on Jan. 20, with purchases of Google, Amazon, Nvidia and various call options on tech and AI stocks all disclosed six days before, per House filings.
Paul Pelosi made at least $38 million worth of stock trades in the weeks beforehand, with sales recorded of up to $24 million in Apple stock and $5 million in Nvidia, an AI chip maker.
The Pelosis’ net worth is pegged .
